Dana Incorporated Announces Preliminary Sales Results for the Year 2018; Provides Earnings Guidance for the Year 2019
For the year 2019, the company is issuing guidance for Dana as currently consolidated, as well as guidance resulting from the completion of the acquisition of the Drive Systems segment of the Oerlikon Group (ODS), expected to close by the end of February of 2019. Guidance ranges are: Sales of $8.250 billion to $8.550 billion; or $8.950 to $9.350 including ODS; Diluted adjusted EPS of $2.90 to $3.30; $2.95 to $3.45 including ODS.